Former CEO of Amazon Consumer Worldwide Jeff Wilke has moved to Los Angeles part-time, where he is focused on investing in underrepresented founders and restoring American manufacturing prowess. We talked to him about what he learned about his time at Amazon and what's coming next.
The musicians in Warner Music's roster will soon be able to more easily livestream their concerts, create avatars and sell digital merch — including NFTs — after the company inked partnerships with two L.A. entertainment startups: Genies and Wave. Is it a new era for digital music?
A jet designer that aims to make supersonic flight available to the masses, a durable 3-D printer maker and a company trying to improve post-disaster and space communication — all are among SCALE Aerospace Ventures' 2021 accelerator class. Get to know the new space startups in town.
Director Scott Mann began searching for a new way to dub films into other languages after watching his 2015 film "Heist" in German. Now, he's launched a new startup that uses AI and "deepfake" technology to make voice dubbing flawless — just as foreign box offices are becoming more important than ever for Hollywood.
Bespoke Financial has been lending to legal cannabis businesses, but it has much bigger ambitions. After an $8 million raise, the L.A.-based company is developing software to streamline point of sale systems for a tricky industry.
Volkswagen has been installing fast electric vehicle charging stations across California. Its Electrify America subsidiary — born out of the settlement from VW's 2015 emissions scandal — has pledged $25 million to help electrify the trucking industry at the ports of L.A. and Long Beach.
Jessica Alba's The Honest Company made a strong debut in its first day of public trading. Its stock—trading under HNST — closed up 43% from its opening price, before losing steam later in the week. Honest has never made a profit but saw gross margins soar by 35.9% last year as the pandemic drove sales of sanitizing products.
Kajabi is a subscription service designed for content creators and "knowledge entrepreneurs" building businesses online. The startup offers digital tools to build websites, newsletters, online courses and membership programs. On Tuesday, the Irvine-based company closed a $550 million round valuing it at $2 billion.
Ryff, a stealthy L.A.-based startup founded in 2018, has been using gaming technology to develop a method for product placement in film and TV. The company sees itself poised to ride the wave of non-pay streaming services by offering them a means of generating ad-based revenue.
"I don't think anybody could have imagined what actually happened. Too many things had to fall into place."
Jeff Bezos called him his "tutor." Together, they helped build Amazon into one of the most valuable and influential corporations in the world. Senior Finance Reporter Ben Bergman talks with Amazon's former consumer CEO Jeff Wilke about why he left, whether he wanted the top job and what's next. Stay tuned for part two tomorrow.
Yahoo and AOL are sold to private equity firm Apollo Global Management.
Will Trump be allowed back on Facebook and Instagram? We'll know Wednesday.
L.A. is prioritizing environmental justice on its path to 100% renewables.
Fortnite made more than $9 billion in its first two years.
How Albuquerque aims to win the streaming wars.
ESPN's Kevin Merida is named L.A. Times executive editor.
A new Polestar update turns your phone into a digital car key.
Riot Games' 'League of Legends' show arrives on Netflix this Fall.
GM will install software on Chevy Bolt EVs to prevent future battery fires.
When Wilke joined Amazon in 1999 to oversee operations the company was doing about $2 billion of revenue a year. Now it brings in about $1 billion every day. Wilke talks about what it was like to work for Bezos and his reaction to last month's failed unionization vote at an Amazon warehouse in Alabama.
Director Scott Mann's new startup, launched today, uses artificial intelligence and machine learning to improve the language dubbing process, which he hopes will become the new standard in Hollywood — and beyond.
The startup, which got its start building cartoon-like online avatars for celebrities, recently opened its platform up to anyone who wants to create their own digital "fantasy version" of themselves, and is expanding into offering digital goods, including NFTs.
L.A.-based Ryff has ambitions that go beyond inserting products into clever, nostalgic ads. Its chief executive wants to introduce on-demand digitized product placement across the entire entertainment industry.
Warner Music has partnered with L.A.-based Wave to offer its artists more opportunities to perform virtually, create digital avatars and sell virtual merch.
dot.LA and CoMotion are partnering to bring you Motivate SOCAL on May 19th, 2021. This event will shine a light on innovative, emerging mobility companies in Southern California. In addition to Motivate SOCAL's Pitch Showcase, attendees will enjoy a mix of panels and networking with venture capitalists, business development leaders, investors, policymakers and mobility enthusiasts. Apply now! The deadline to submit your application is Wednesday, May 5th!
LL COOL J's new ecommerce and live events brand Rock the Bells is one of the few brands literally owned and operated by many of the artists who created the culture. We sat down with its president, James Cuthbert, to discuss his role, RTB's new funding and how it hopes to grow from hip hop history.
Social video app Triller is emerging from several very public spats over music licensing and its metrics. Newly appointed CEO Mahi de Silva spoke with entertainment reporter Sam Blake about Triller's future, its new 'fight club' content and rumors that the company may soon offer an IPO.
Elon Musk's SpaceX is joining the aerospace hub in Long Beach with a new 6.5 acre facility. The aerospace giant will join a growing roster of space companies in Long Beach including Virgin Orbit, Rocket Lab, Boeing, Relativity Space and SpinLaunch.
From NFTs to augmented reality and streaming services, there was a lot to explore in our first entertainment tech summit, Intersect. Here are six takeaways from a day full of discussion and networking:
Electric vehicle charging startup EVgo announced it's joined two other L.A.-based companies to help build General Motors' nationwide electric vehicle charging network. The announcement comes as a wave of new EV models are ready to hit the market and governments are pushing plug-in technology.
A Thousand Oaks startup that is creating gene therapies aimed at permanently treating devastating diseases like Alzheimer's and Parkinson's announced Thursday it received $140 million in capital. Capsida Biotherapeutics works with small encapsulated viruses that can target specific cells in the body.
L.A.-based creative agency Brud has already stoked controversy and curiosity around Lil' Miquela, a computer-generated virtual influencer with over 3 million Instagram followers. But their plans go far beyond ad campaigns and social followers. Their strategy, they say, extends to rethinking how storytelling is done and how fans interact with creative works.
Scrolling through Twitter could soon help you learn another language. That's the idea behind Toucan, an edtech startup whose browser extension translates words on your screen from English to one of seven languages — soon to be 11. The Santa Monica-based company closed a $4.5 million seed round this week.
The total value of NFTs (nonfungible tokens) in circulation during the first quarter of 2021 was over $2 billion: about 8x that asset class' value during the previous three years combined, according to data collected by Nonfungible.com.